Copying and distributing are prohibited without permission of KangaNews. Please contact jmasters@kanganews.com

 

LGFA launches new April 2024 transaction by syndication

Monday, 11 March 2019

On 11 March, New Zealand Local Government Funding Agency (LGFA) (AA+/AA+) launched an indicative NZ$500 million (US$339.8 million) April 2024 transaction to institutional and New Zealand retail investors by syndication. The forthcoming deal has an indicative margin of 33-37 basis points over mid swap, with the final margin and interest rate to be set following a bookbuild on 12 March.

Can't log in?

Become a registered user

Register

Register at KangaNews

  • One-stop information source on the Australasian debt markets
  • Keep up to date with the deals and trends making headlines
  • Keep up to date with league tables
  • Access to email updates on breaking deals and news

The content on www.kanganews.com is for information only. Please read our Terms & Conditions and Privacy Policy before using the site. All material subject to strictly enforced copyright laws. © BondNews Limited